Good Grief

AUTHOR(S)

Gallo, Jon J.

PUB. DATE

August 2009

SOURCE

Journal of Financial Planning;Aug2009, Vol. 22 Issue 8, p32

SOURCE TYPE

Academic Journal

DOC. TYPE

Opinion

ABSTRACT

In this article the author discusses aspects in dealing with postmortem estate planning. He stresses that many postmortem estate plans require heirs to make complex decisions which they may not be able to make at that time. He discusses solutions for financial planners in assisting those dealing with grief. He points out that estate and financial planners need to deal with both facts and feelings to be effective and efficient.

ACCESSION #

43800566

Related Articles

The article discusses the need for financial advisors and wealth managers to be prepared for the transfer of assets from baby boomers to their heirs. It describes the steps to developing a holistic and supportive approach for family estate planning services. Conducting a comprehensive review to...

Presents information on inheritors of wealth for the benefit of financial planners dealing with such clients. Consequences which inheritors undergo through; Significance of inheritances to heirs and heiresses; Categories of inheritors.

This article discusses several aspects of financial planning for a family where the parents had difficulty setting limits on their children's finances. The author says that a local financial planner referred a family to him, hoping that he could assist the family in preparing for a sizable...

Looks at methods which can be used to efficiently manage money, with emphasis on inheritances. Importance of acquiring a financial adviser; Benefits of collaborating with financial advisers; Role of a financial planner.

The article offers information on the need for working with financial and estate-planning professionals during long-term elder care planning in the U.S. and mentions to plan while taking legal, financial and tax decisions for the welfare of family and future generations.

The article features the CRT Split Advantage, a new, patent-pending method of managing Charitable Remainder Trusts (CRTs), which offers an improved roadmap for CPAs to insist multiple generations. It is cited that the CRT Split Advantage can be structured to fund family foundations, which...

The article explores deciding on one's beneficiaries during the process of estate planning in the U.S. It is said that one has the freedom to choose whoever his beneficiaries will be unless he is married. Beneficiaries are reportedly classified into two groups, the direct beneficiaries and the...